RHB Retail Research
Trading Stocks - Eco World International
Eco World International may climb higher after forming a long white candle and hitting its new 52-week high. With the 21-day SMA line edging upwards, this implies a positive outlook. A positive bias may emerge above the MYR0.945 level, with an exit set below the MYR0.90 threshold. Towards the upside, the immediate resistance is at the MYR1.05 mark. This is followed by the MYR1.12 level.
Source: RHB Securities Research - 10 Dec 2019
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